You seem to have a misunderstanding of the DCA strategy in total.
The DCA strategy is not for poor people or for those with little income, it has nothing to do with how much you are earning the DCA strategy is simply dividing your capital into parts and investing or buying at intervals and this is done for some reason which is to.reduce the impact of volatility on yoir portfolio, you know that bitcoin is still a very volatile asset and to avoid situations where by you buy at a price and then the price dips and you portfolio would be at lose, but with the DCA method you get to buy at every intervals and price points so those fluctuations in price would not affect you, and why it is recommended here is beach it sis more beginners friendly and you don't need much knowledge other than to know how to buy and hold to get started with the DCA unlike the buying the dip strategy that involves some level of timing the market and more knowledge to be very successful at it. So yeah there is no barrier in using the DCA strategy.
I see that DCA is for anybody that has a steady source of income that can be able to accumulate as little as $5 to $10 per week because if you want to be rich I don think you would be able to accumulate. When you are talking about little income, you should be able to clarify the type of income. Each an everyone has its own source of income generation and the capacity it can carry . Provided that the amount he receives can be able to help him accumulate btc and emergency fund just like everyone has been saying in this thread, I believe he has to go. Everyone has the amount dey revieve it ranges from $50 $100 $200 $250 $300 and so on. In a situation where you receive any of this amount, you can schedule or program your self on how to arrange the DCA, emergency and reserved fund . So if you think you need to be rich before you invest in bitcoin then am afraid you are delaying your HODLing journey.
It doesn't necessarily need to be a steady income, I could be a money that comes once in 3 months, 6 months or such intervals and you decide to divide that amount into parts and invest them on intervals instead of buying with all the amount at once, so yeah the idea of having a steady income leads to the fact that for DCA and accumulating bitcoin to give you the best results you have to be kind of steady and consistent in doing so, so some folks that haven't got a steady income can at times pause or stop due to their money getting exhausted and at times even us up their reserves if they have quite the appetite for buying bitcoin, and your emergency funds also has nothing in to do with steady income, its just like that savings we never touch and we build just to insure that we never sell our holdings based on misfortunes or emergencies and this should be up to 3 months of your expenses to be potent enough.
Your right, DCA must not be for those with steady income, although it would have been netter if you used some illustration like Jay does, let me try if I cam get this right.
Let's assume a guy might have received a government fund that comes 4 times a year on equal or irregular intervals and this amount is 3k, so he decides to invest 1k into bitcoin and yeah he should just go and buy Bitcoin right away with all the funds but instead of that he decides to divide that money into 12 parts which should be 83$ each approximately so that it would meet up till the next time that money comes, and one good advantage of this, is it that you don't have to worry about volatility or price changes, so for many reasons we mostly recommend it for beginners and I guess you should try it too. Hope your right now@ berry2d
front loading would be a preferable option to choose from in a situation like this. If you get four time payment per year and you're not certain of the particular time of the year each of the payment will come, it's best not to stress yourself trying to keep a particular part of the money for regular DCA till the next pay comes. You can decide on the percentage of your pay that will go into buying Bitcoin once you receive the money and you just ensure you're strict with it to the latter. It's actually same as doing DCA only that this time you're not buying a small amount but investing huge so you just relax till your next pay comes in and you invest again.
One of the advantage you get from following such is that you wouldn't put yourself in a situation where there is delayed payment and you're not able to meet up with your DCA plan and doesn't require you to be too concerned about being discipled with at every week or months. You just buy only four times every year and those four times counts big. You might not be too lucky to buy at the best DIP price at all the four occasions but you will definitely accumulate a good quantity of Bitcoin using such methord. The usual DCA methord mosty works well in cases when you are receiving a weekly or monthly salary and then you can decide to buy on a weekly or monthly bases. Their are people that have probably front loarded a good amount of Bitcoin that they don't necessarily have to buy every week or month and it's not as if they are doinh the wrong thing but what's the case is that you've got to use the methord that helps you most and that doesn't put you in a situation where where you're faced with a mix of emotion that's going to deter you from buying more than you would normally do with the right plan in place.